Business

Islamabad: The federal government has announced a significant policy shift to promote the electric vehicle (EV) sector by setting a reduced base tariff of Rs 39.70 per unit for electricity consumed at EV charging stations. Operators of these stations ...

Karachi: Mari Energies Ltd (MARI) reported its financial results for the third quarter of fiscal year 2025, revealing a net profit of PkR15.9 billion, equating to an earnings per share (EPS) of PkR13.25. This figure represents a 13 percent increase ye...

Karachi: Fatima Fertilizer Company Ltd. (FATIMA) released its financial results for the first quarter of 2025, demonstrating steady profitability despite facing challenges from reduced revenue and margin pressures. The company reported consolidated ea...

Karachi: Fauji Cement Company Ltd. (FCCL) has reported a notable increase in its third-quarter earnings for the fiscal year 2025, with profits rising to PkR2.1 billion, a 21% year-on-year increase. The improvement, however, fell short of analyst expec...

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) figures, indicating stability in interest rates across different tenors. The data, published for April 24, 2025, reveals slight variations in the bid and of...

Islamabad: Khushhali Microfinance Bank (KMBL) has successfully concluded its participation in the Pakistan Financial Literacy Week (PFLW) 2025, highlighting its ongoing commitment to enhancing financial awareness and promoting inclusion nationwide. ...

Karachi: The Exchange Companies Association of Pakistan reported on April 24, 2025, that the U.S. dollar and euro saw modest increases in the open market exchange rates. According to the association's data, the U.S. dollar closed at a buying rate of 2...